A person working as a Credit Analyst in United States of America will on average earn $61031 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $61,031.00 |
| Weekly salary | $1,173.67 |
| Daily salary | $167.21 |
| Hourly salary | $20.90 |
This means credit analyst salary is above average!
Job Industry: finance
Description: A credit analyst is responsible for evaluating the creditworthiness of individuals, businesses, or organizations to determine their ability to repay loans and manage financial obligations. They analyze financial statements, credit reports, and other relevant data to assess the risk associated with extending credit. Credit analysts also review loan applications, assess collateral, and make recommendations on credit limits and terms. They work closely with lenders, clients, and other stakeholders to gather necessary information and ensure compliance with lending policies and regulations. Additionally, credit analysts monitor and track loan performance, identify potential risks, and propose strategies to mitigate them.
Tagged with: credit analyst, financial analysis, risk assessment, lending, creditworthiness, loan evaluation